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DeGRAM | UKOIL pullback trade
CFDs on Brent Crude Oil
Short
DeGRAM | UKOIL pullback trade
By DeGRAM
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Dec 9, 2023
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Dec 9, 2023
UKOIL is in the bearish trend. It's trading in the descending channel.
Price dropped below the significant level at 80.00 , which creates a confluence zone to short the market.
We anticipate a trend-continuation trade from the resistance and 50% fibo retracement.
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Chart Patterns
Support and Resistance
Trend Analysis
ukoilanalysis
ukoilsignal
DeGRAM
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